Bulgaria’s Euro Debate: Economist Calls for Addressing Legitimate Public Fears
Economist Georgi Stoev has launched a personal awareness campaign on social media to address concerns about the euro introduction in Bulgaria
Port Varna has registered a profit of over BGN 2 M for the past five months from the processing and storing of steel pipes earmarked for the construction of the offshore section of the South Stream gas pipeline, according to Dimitar Atanasov, Chairman of the Board of Directors of the company.
Atanasov, as cited by Darik radio, made clear that the contract signed with Russian company South Stream Transport in mid-January 2014 was for a four-year term.
The Chairman of the Board of Directors of Port Varna underscored that even in the case of a re-routing of the gas pipeline via Turkey, the pipes would still have to be offloaded in Varna and Burgas.
Under preliminary plans, the offshore section of the South Stream gas pipeline was to consist of four parallel strings located on the Black Sea seabed, with each string consisting of over 75 000 pipes.
Some of the pipes are still stored on the territory of warehouse terminals at the ports of Varna and Burgas.
Westinghouse Electric Company has strengthened its Bulgarian supply chain for the Kozloduy AP1000® project, signing memoranda of understanding with seven Bulgarian companie
The European Bank for Reconstruction and Development (EBRD) has invested €50 million in the first bond issuance by Bulgaria's Eastern Europe Electric Company (EEEC)
Turkey has significantly increased its natural gas exports, with a notable surge driven by the development of the Sakarya gas field in the Black Sea
Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure assets, which includes a key extension of the TurkStream gas pipeline
The liberalization of the electricity market for households — meaning that residential consumers would join the free electricity exchange where businesses have traded for years — is being postponed.
Turkey is advancing its energy strategy in the Balkans with new agreements aimed at deepening its influence in the region
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase